Altitude Acquisition Corp Valuation
| ALTUDelisted Stock | USD 10.05 0.04 0.40% |
At this time, the firm appears to be overvalued. Altitude Acquisition Corp shows a prevailing Real Value of $8.54 per share. The current price of the firm is $10.05. Our model approximates the value of Altitude Acquisition Corp from analyzing the firm fundamentals such as Shares Outstanding of 8.48 M, return on asset of -0.0879, and Shares Owned By Institutions of 8.52 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Altitude Acquisition's price fluctuation is very steady at this time. Calculation of the real value of Altitude Acquisition Corp is based on 3 months time horizon. Increasing Altitude Acquisition's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Altitude Acquisition's intrinsic value may or may not be the same as its current market price of 10.05, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 10.05 | Real 8.54 | Hype 10.05 | Naive 10.04 |
The intrinsic value of Altitude Acquisition's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altitude Acquisition's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altitude Acquisition Corp helps investors to forecast how Altitude stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altitude Acquisition more accurately as focusing exclusively on Altitude Acquisition's fundamentals will not take into account other important factors: Altitude Acquisition Total Value Analysis
Altitude Acquisition Corp is presently anticipated to have valuation of 85.91 M with market capitalization of 85.77 M, debt of 275 K, and cash on hands of 164.25 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Altitude Acquisition fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
85.91 M | 85.77 M | 275 K | 164.25 K |
Altitude Acquisition Asset Utilization
One of the ways to look at asset utilization of Altitude is to check how much profit was generated for every dollar of assets it reports. Altitude Acquisition Corp shows a negative utilization of assets of -0.0879 percent, losing $8.79E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Altitude Acquisition Corp shows how discouraging it operates for each dollar spent on its assets.Altitude Acquisition Ownership Allocation
The market capitalization of Altitude Acquisition Corp is $85.77 Million. Altitude Acquisition Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 88.49 percent of Altitude Acquisition Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.Altitude Acquisition Profitability Analysis
Net Loss for the year was (3.97 M) with profit before overhead, payroll, taxes, and interest of 0.About Altitude Acquisition Valuation
The delisted stock valuation mechanism determines Altitude Acquisition's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Altitude Acquisition Corp based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Altitude Acquisition. We calculate exposure to Altitude Acquisition's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altitude Acquisition's related companies.Altitude Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Atlanta, Georgia. Altitude Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.
Altitude Acquisition Growth Indicators
Investing in growth stocks can be very risky. If the company such as Altitude Acquisition does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 4.6 M |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Altitude Stock
If you are still planning to invest in Altitude Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altitude Acquisition's history and understand the potential risks before investing.
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